Nestlé Replaces Plastic with New Paper-Based Packaging
Nestlé claims to have reduced plastic use by 90% in vital proteins and packaging weight by 97% in sustainable coffee packs.
Geothermal Power Plant on the Horizon
The latest is the addition of geothermal energy to the energy basket, with MNRE constituting a 11-member Task Force.
85% Banks rely on ESG ratings for Financial Strategy
In 2023, 85% of FIs used ESG ratings to identify climate-related opportunities, managing over $4 trillion in assets.
India Establishes Graphene Engineering and Innovation Center
It has been established to develop a center of excellence for the commercialization of graphene technology.
Mercedes-Benz Launches Sustainability CoE
The first CoE will aid 25 social enterprises in mobility & environmental innovation, while the second will focus on charging infrastructure.
The Importance of ESG Framework and Integration into Business
Two GoI officials recently underscored the importance to integrate ESG into business practices and the significance of an ESG framework.
Toyo-India to Conduct FEED Study For EET Fuels ICC Project
The ICC project is projected to capture approximately 1 million tonnes of CO2 annually, removing approximately 45% of all Stanlow emissions.
India to Develop Climate Finance Taxonomy in 10 Months
A climate finance taxonomy is a set of guidelines that will help investors and institutions direct funds to tackle climate change.
Indian Railways Outlines Net Zero Journey
The Indian Railways Board aims to achieve net zero status by primarily utilizing renewable energy sources for energy supply, nationally
MPSF, DNV Partner for Sustainable Maritime Sector
Under the MoU, DNV team will collaborate with MPSF to explore low-carbon fuel bunkering, storage, and leverage MPSF ESG and circularity Center
ONGC’s 1GW Renewable Energy Push
ONGC has submitted a tender for one GW of renewable energy. Also established ONGC Green (OGL) as a new subsidiary to manage the assets.
Adani Energy Acquires Transmission Project in Gujarat
Adani Energy will commission the project in the next 24 months, with 21,783 km of transmission lines and 61,686 MVA of capacity.
